Waterfront
Address
45 King Street, Rideau Lakes, ON
Price
$ 895,000
Property Attributes
  • ID#X13789034
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityRideau Lakes
  • CityRideau Lakes
  • Area818 - Rideau Lakes (Bastard) Twp
  • Neighbourhood818 - Rideau Lakes (Bastard) Twp
  • Postal CodeK0E 1G0
  • Style
  • Price$ 895,000
  • Bedrooms5
  • Bathrooms3
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Discover Kingsgate Lake House, a rare opportunity to own a profitable, turn-key short-term rental business on Upper Beverley Lake in Delta, Ontario. Built in 1853, this fully furnished property blends historic charm with modern amenities and an 8+ year track record of strong rental income. Main House: A beautifully maintained 5-bedroom home accommodating up to 12 guests. Guesthouse Suite: 1-bedroom with full kitchen, living, bath, laundry, and private deck overlooking the lake. Perfect for guests or as an on-site Owners Suite. Coachhouse & Loft: 3-car garage plus a spacious finished loft, roughed-in for kitchen and bath ready to convert into a third income-generating unit. Waterfront Lifestyle: Private dock with canoe, 2 kayaks, and paddle boat. Hot tub, firepit, BBQ, gardens, and expansive outdoor entertaining spaces. Proven revenue of $85,000 to $110,000 annually so far and can be increased once the third unit is added. Established listings on Airbnb & VRBO with excellent reviews and loyal repeat guests.Turn-key systems: dedicated cleaning team, handyman support, automated check-in/out, and fully stocked with linens, kitchenware, and furnishings.Growth Potential Operate up to three rentable units for diversified income. Expand revenue with weddings, retreats, corporate events, and film opportunities. Grow direct bookings beyond Airbnb/VRBO.Prime Location in Delta, Ontario. Just steps from grocery, LCBO, and cafes, and home to the Old Stone Mill National Historic Site. Festivals like the Maple Syrup Festival, Delta Fair, and Harvest Festival keep guests returning year after year. Conveniently located 30 minutes from Kingston & Brockville, 1.5 hours from Ottawa, and 2.5 hours from Montreal. Lifestyle + Investment Part of the UNESCO Rideau Canal corridor. Kingsgate Lake House offers both a profitable business and the chance to own a piece of Canadian history. Operate, expand, and enjoy a lifestyle investment that pays for itself.Turn-key. Profitable. Expansion-ready. (id:7434)

General Features

Features In-Law Suite
Easement Unknown
Property Type Single Family
Zoning Description N/A
CommunityName 818 - Rideau Lakes (Bastard) Twp
Building Appliances Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Building Cooling Type Central air conditioning
Location Description Cross Streets: MAIN STREET IN DELTA UPPER BEVERLEY LAKE. ** Directions: From Highway 15 turn left on County Road 5. Then turn right on County Road 8. Finally, turn left on County Road 42/King St. In 5KM, the destination is on your left.
Parking Space Total 7
Foundation Type Concrete, Slab, Stone
Building Type House
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present True
Building Heating Type Radiant heat
Building Heating Fuel Propane
Basement Type None
Construction Style Attachment Detached
Living Area Range 1500
Bedrooms 5

Exterior Features

Structure Deck
Water Front Name Upper Beverley Lake
Water Front Type Waterfront on lake
ViewType Direct Water View
Sewer Septic System
Exterior Finish Vinyl siding, Wood

Room Details

Room Dimensions Level Flooring Details
Bathroom 2.9 m x 1.3 m Main level 1.3 m
Bedroom 3.8 m x 2.6 m Main level 2.6 m
Bedroom 2 5.3 m x 4.1 m Second level 4.1 m
Bedroom 3 3.4 m x 3.2 m Second level 3.2 m
Bedroom 4 4.4 m x 3.2 m Second level 3.2 m
Dining room 4 m x 3.4 m Main level 3.4 m
Foyer 2.4 m x 2.3 m Main level 2.3 m
Kitchen 4.3 m x 3.4 m Main level 3.4 m
Laundry room 4.1 m x 2.3 m Main level 2.3 m
Living room 8.3 m x 3.2 m Main level 3.2 m
Primary Bedroom 5 m x 3.4 m Second level 3.4 m

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K0E 1G0

Price
AVG $730K
$900K

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